Vid: 4 Transactions of Bain Capital under Romney

Newt Super Pac has just released their 30 minute smear campaign.

http://www.webcasts.com/kingofbain/

22min to 25min is pretty entertaining

Here are the four transactions: UniMac, KB Toys Inc., American Pad & Paper or Ampad, and DDI Corp. (DDIC) http://www.bloomberg.com/news/2012-01-10/gingrich…

food for thought... If government didn't interfere through debt tax privileges, would any of these flips/transactions created value/wealth?

Romney is the illusion of capitalism, worst than Obama, because at least Obama doesn't pretend to be for capitalism.

Only Ron Paul will restore free markets and capitalism

6 Comments
 

Not that I have watched this video or know much abuot debt tax privileges, but presuming these are all factual and to the point, how is the fact that Romney played the system well an indictment more of Romney than of the system to begin with? Blame the shitty politicians who made those provisions to begin with, not the capitalist - he just brought the shitty provisions to their logical conclusion. Garbage in, garbage out.

“...all truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.” - Schopenhauer
 
seabirdNot that I have watched this video or know much abuot debt tax privileges, but presuming these are all factual and to the point, how is the fact that Romney played the system well an indictment more of Romney than of the system to begin with? Blame the shitty politicians who made those provisions to begin with, not the capitalist - he just brought the shitty provisions to their logical conclusion. Garbage in, garbage out.

I totally agree, this "smear campaign" has no grounds. But Romney is not for capitalism or free enterprise, he is for bailouts, stimulus, manipulation of interest rates, devaluing the dollar, and government regulation that benefits established corporations over new competitors.

 

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